By Lydia Tomkiw 

Still, investors are looking for performance numbers, says Stuart Blair, director of research at Canterbury Consulting. “There is no story they can weave or tell that will satisfy clients. It comes down to actions,” he says.

One noticeable change has been an uptick in managers wanting to explain negative situations, Blair says, describing a manager who flew out to meet with his firm despite knowing a termination decision had already been reached.

“We’ve seen a pick up in the attention we’ve gotten from investor relations and management around discussions on tough topics, including terminations,” he says.

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